H.R. 7880 — Introduced in House

I 116th CONGRESS 2d Session H. R. 7880 IN THE HOUSE OF REPRESENTATIVES July 30, 2020Mr. Ted Lieu of California introduced the following bill; which was referred to the Committee on Small Business A BILL To direct the Administrator of the Small Business Administration to update information to borrowers on the use of economic injury disaster loan proceeds to respond to COVID–19, and for other purposes. 1. Short title This Act may be cited as the Reopen Small Businesses Safely Act. 2. Use of economic injury disaster loan proceeds for COVID–19 response The Administrator of the Small Business Administration shall update information provided to borrowers of loans made under section 7(b)(2) of the Small Business Act (15 U.S.C. 636(b)(2)) to allow such borrowers to use such loans to purchase items necessary to ensure the health and safety of employees and customers in response to the COVID–19 pandemic.